Initial jobless claims slid 10,000 to 332,000 in the week ended March 9, the Labor Department said Thursday.
Claims for the week ended March 2 were revised up to 342,000 from the initially reported 340,000.
Continuing jobless claims were 3.024 million in the week ended March 2, an 89,000 decrease from the upwardly revised 3.113 million the week before, first reported as 3.094 million.
Economists polled by Thomson Reuters expected 350,000 initial and 3.100 million continuing claims.
The firm said Saporito's hiring is among several other additions made to beef up Wells Fargo's commitment to munis.
While Kansas' sales tax and revenue (STAR) bond program recorded its first default late last year, Bonner Springs is considering using it for a development that includes a Mattel toy-themed amusement park.
Brodie Killian has moved to PFM from Stifel Nicholas & Co., joining its Ann Arbor office as a director.
April continues to be "harsh" for munis as the asset class has given up roughly 72 basis points in the first two weeks of the month, said Jason Wong, vice president of municipals at AmeriVet Securities.
The city may have to make deeper cuts next year if voters don't approve two tax increases headed for the November ballot, if the City Council approves.
The most recent open solicitation period, last October, yielded three proposals.
